Property in process of being changed to Zoning Res 3
A rare and exceptional investment opportunity awaits in this substantial property, comprising a spacious main house and 9 cottage units, perfectly suited for rental income.
Main House:
- 4 bedrooms
- 2 bathrooms
- Open-plan lounge and dining room
- Study
- Porch on front verandah
- Spacious kitchen
The property sits on a substantial 990sqm stand, offering ample space for a growing family or savvy investor.
Cottage Units:
- 5 x open-plan bachelor units with kitchenette and own bathroom
- 1 x 1-bedroom unit with kitchenette and bathroom
- 3 x units sharing communal bathroom
Property Features:
- Prepaid electricity and water meters
- Property in process of being changed to Zoning Res 3
- Current rental income: R30,245.00 per month
Asking Price: R1 599 000
Don't miss this exceptional opportunity to secure a substantial investment property with excellent rental income potential.
